{"id":516005,"date":"2021-07-21T16:30:20","date_gmt":"2021-07-21T20:30:20","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/stanley-black-decker-announces-dividend-increase-to-0-79-per-share\/"},"modified":"2021-07-21T16:30:20","modified_gmt":"2021-07-21T20:30:20","slug":"stanley-black-decker-announces-dividend-increase-to-0-79-per-share","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/stanley-black-decker-announces-dividend-increase-to-0-79-per-share\/","title":{"rendered":"Stanley Black &amp; Decker Announces Dividend Increase To $0.79 Per Share"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"xn-location\">NEW BRITAIN, Conn.<\/span>, <span class=\"xn-chron\">July 21, 2021<\/span> \/PRNewswire\/ &#8212; <span class=\"xn-person\">Stanley Black<\/span> &amp; Decker (NYSE: SWK) announced today that its Board of Directors approved a <span class=\"xn-money\">$0.09<\/span>, or 13%, increase of its quarterly cash dividend to <span class=\"xn-money\">$0.79<\/span> per common share. This marks the 54<sup>th<\/sup> consecutive annual dividend increase for the company. The dividend is payable on <span class=\"xn-chron\">Tuesday, September 21, 2021<\/span> to shareholders of record as of the close of business on <span class=\"xn-chron\">Tuesday, September 7, 2021<\/span>.<\/p>\n<p>\n        <span class=\"xn-person\">Stanley Black<\/span> &amp; Decker&#8217;s CEO, <span class=\"xn-person\">James M. Loree<\/span>, commented, &#8220;I am pleased to continue our trend of consecutive annual dividend increases, which reflects the continued confidence we have in the cash generation potential of the company.\u00a0 A strong and growing dividend is a key element of our shareholder value proposition, and is consistent with our capital deployment philosophy to deliver approximately half of our excess capital to shareholders over the long term.&#8221;<\/p>\n<p>\n        <span class=\"xn-person\">Stanley Black<\/span> &amp; Decker, an S&amp;P 500 company, is a leading <span class=\"xn-money\">$14.5 billion<\/span> global diversified industrial with 53,000 employees in more than 60 countries who make the tools, products and solutions to deliver on its Purpose, For Those Who Make The World. The Company operates the world&#8217;s largest tools and storage business; the world&#8217;s second largest commercial electronic security company; and is a global industrial leader of highly engineered solutions within its engineered fastening and infrastructure businesses. Learn more at <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3235731-1&amp;h=104303968&amp;u=http%3A%2F%2Fwww.stanleyblackanddecker.com%2F&amp;a=www.stanleyblackanddecker.com\" rel=\"nofollow noopener\">www.stanleyblackanddecker.com<\/a>. <\/p>\n<p>\n        <b><br \/>\n          <span class=\"xn-person\">Stanley Black<\/span> &amp; Decker Investor Contacts<\/b>\n      <\/p>\n<p>\n        <span class=\"xn-person\">Dennis Lange<\/span><br \/>\n        <br \/>Vice President, Investor Relations<br \/><a target=\"_blank\" href=\"mailto:dennis.lange@sbdinc.com\" rel=\"nofollow noopener\">dennis.lange@sbdinc.com<\/a><br \/>(860) 827-3833<\/p>\n<p>\n        <span class=\"xn-person\">Cort Kaufman<\/span><br \/>\n        <br \/>Director, Investor Relations<br \/><a target=\"_blank\" href=\"mailto:cort.kaufman@sbdinc.com\" rel=\"nofollow noopener\">cort.kaufman@sbdinc.com<\/a><br \/>(860) 515-2741<\/p>\n<p>\n        <span class=\"xn-person\">Christina Francis<\/span><br \/>\n        <br \/>Director, Investor Relations<br \/><a target=\"_blank\" href=\"mailto:christina.francis@sbdinc.com\" rel=\"nofollow noopener\">christina.francis@sbdinc.com<\/a>\u00a0<br \/>(860) 438-3470<\/p>\n<p>\n        <b><br \/>\n          <u>Media Contact:<\/u><br \/>\n        <\/b>\u00a0<br \/><span class=\"xn-person\">Debora Raymond<\/span><br \/>Vice President, Public Relations <br \/><a target=\"_blank\" href=\"mailto:Debora.Raymond@sbdinc.com\" rel=\"nofollow noopener\">Debora.Raymond@sbdinc.com<\/a>\u00a0<br \/>(203) 640-8054<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder2518\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/199180\/stanley_black_and_decker_logo.html\" target=\"_blank\" rel=\"nofollow noopener\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/199180\/stanley_black_and_decker_logo.jpg\" title=\"Stanley Black &amp; Decker. (PRNewsFoto\/Stanley Black &amp; Decker) (PRNewsfoto\/Stanley Black &amp; Decker)\" alt=\"Stanley Black &amp; Decker. (PRNewsFoto\/Stanley Black &amp; Decker) (PRNewsfoto\/Stanley Black &amp; Decker)\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p>\u00a0<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder0\"><\/div>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=NE51026&amp;sd=2021-07-21\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"https:\/\/www.prnewswire.com\/news-releases\/stanley-black--decker-announces-dividend-increase-to-0-79-per-share-301338932.html\">https:\/\/www.prnewswire.com\/news-releases\/stanley-black&#8211;decker-announces-dividend-increase-to-0-79-per-share-301338932.html<\/a><\/p>\n<p>SOURCE  <span class=\"xn-person\">Stanley Black<\/span> &amp; Decker<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=NE51026&amp;Transmission_Id=202107211626PR_NEWS_USPR_____NE51026&amp;DateId=20210721\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire NEW BRITAIN, Conn., July 21, 2021 \/PRNewswire\/ &#8212; Stanley Black &amp; Decker (NYSE: SWK) announced today that its Board of Directors approved a $0.09, or 13%, increase of its quarterly cash dividend to $0.79 per common share. This marks the 54th consecutive annual dividend increase for the company. The dividend is payable on Tuesday, September 21, 2021 to shareholders of record as of the close of business on Tuesday, September 7, 2021. Stanley Black &amp; Decker&#8217;s CEO, James M. Loree, commented, &#8220;I am pleased to continue our trend of consecutive annual dividend increases, which reflects the continued confidence we have in the cash generation potential of the company.\u00a0 A strong and growing dividend is a key element of &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/stanley-black-decker-announces-dividend-increase-to-0-79-per-share\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Stanley Black &amp; Decker Announces Dividend Increase To $0.79 Per Share&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-516005","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Stanley Black &amp; Decker Announces Dividend Increase To $0.79 Per Share - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/stanley-black-decker-announces-dividend-increase-to-0-79-per-share\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Stanley Black &amp; Decker Announces Dividend Increase To $0.79 Per Share - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire NEW BRITAIN, Conn., July 21, 2021 \/PRNewswire\/ &#8212; Stanley Black &amp; Decker (NYSE: SWK) announced today that its Board of Directors approved a $0.09, or 13%, increase of its quarterly cash dividend to $0.79 per common share. This marks the 54th consecutive annual dividend increase for the company. The dividend is payable on Tuesday, September 21, 2021 to shareholders of record as of the close of business on Tuesday, September 7, 2021. Stanley Black &amp; Decker&#8217;s CEO, James M. Loree, commented, &#8220;I am pleased to continue our trend of consecutive annual dividend increases, which reflects the continued confidence we have in the cash generation potential of the company.\u00a0 A strong and growing dividend is a key element of &hellip; Continue reading &quot;Stanley Black &amp; Decker Announces Dividend Increase To $0.79 Per Share&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/stanley-black-decker-announces-dividend-increase-to-0-79-per-share\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-07-21T20:30:20+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mma.prnewswire.com\/media\/199180\/stanley_black_and_decker_logo.jpg\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/stanley-black-decker-announces-dividend-increase-to-0-79-per-share\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/stanley-black-decker-announces-dividend-increase-to-0-79-per-share\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Stanley Black &amp; 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